Insider Trading Roundup: Whitestone REIT $WSR

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Whitestone REIT (NYSE:WSR) insider have most recently took part in a trading activity. On Aug 29, 2017 Lambert Paul T, Director bought 3,000 shares having total worth of $36,870 at the price of $12.29 per share, following the transaction a total of 53,118 shares owned by Lambert Paul T. Before this latest buy, Lambert Paul T purchased WSR at 1 other times during the past twelve months, for a total investment of $34,700 at an average of $13.88 per share.

Furthermore, over the past 12 months , the stock was traded 1 times by insiders. an employee of the company was the buyer in 1 instances.

Shares of Whitestone REIT (NYSE:WSR) traded down 4.9% on Aug 28, 2017, hitting $12.24. 1,516,066 shares of the company’s stock traded hands. Whitestone REIT has a 52 week low of $10.65 and a 52 week high of $14.85. The company’s market cap is $403 million.

Whitestone REIT (NYSE:WSR) last announced its earnings results on Aug 2, 2017. The company reported 0.31 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.05 by $0.26. The company had revenue of $30 million for the quarter, compared to the consensus estimate of $31 million. During the same quarter in the previous year, the company posted 0.32 earnings per share. The company’s revenue for the quarter was up 20% on a year-over-year basis.

2017-08-02 2017-05-03 2017-03-01 2016-10-31 2016-07-27 2016-04-27 2016-02-24 2015-11-04 2015-08-05 2015-05-05
earnings per share 0.31 0.32 0.34 0.33 0.32 0.34 0.34 0.34 0.35 0.34
Revenue(M) 30.21 28.27 28.37 25.51 25.13 25.44 25.6 24.6 21.97 21.3

Whitestone REIT was formed as a real estate investment trust, pursuant to the Texas Real Estate Investment Trust Act on August 20, 1998. In July 2004, the Company changed its state of organization from Texas to Maryland pursuant to a merger where the Company merged directly with and into a Maryland real estate investment trust formed. The Company serves as the general partner of Whitestone REIT Operating Partnership, L.P. (the “Operating Partnership” or “WROP” or “OP”), which was formed on December 31, 1998 as a Delaware limited partnership. The Company currently conducts substantially all of the operations and activities through the Operating Partnership. As the general partner of the Operating Partnership, the Company has the exclusive power to manage and conduct the business of the Operating Partnership, subject to certain customary exceptions. As of December 31, 2012, 2011 and 2010, the Company owned and operated 51, 45, and 38 properties, respectively, including retail, warehouse and office properties in and around Houston, Dallas, San Antonio, Chicago and Phoenix. The Company is the sole general partner of the Operating Partnership. As of December 31, 2011, it owned an 89.3% interest in the Operating Partnership. It may be competing with owners, including, but not limited to, other REITs, insurance companies and pension funds. The Company’s properties are subject to various federal, state and local laws, ordinances and regulations. As of December 31, 2011, it owned an 89.3% interest in the Operating. The Company’s properties are subject to various federal, state and local laws, ordinances and regulations.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

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About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.